$SUI traders, a massive short liquidation just hit, wiping out a $125K position at $4.537.
This explosive move has ignited the market, signaling potential volatility ahead.
Entry Point: The $4.537 level marks a key inflection point. With shorts getting squeezed, the market could be gearing up for a sharp upside move. Watch for a breakout confirmation above this price.
Target: If $SUI continues its rally, expect a target near $4.80, with the potential to push toward $5.00 as bullish momentum takes hold.
Stop Loss: Place your stop loss around $4.30. A dip below this could suggest the upside move may lose steam, triggering a reversal.
$SUI has just ignited an explosive move—are you ready to ride this wave?